Pro Farmer’s Daily Advice Monitor

Pro Farmer editors provide daily updates on advice, including if now is a good time to catch up on cash sales.

Pro Farmer Daily Advice Monitor
Pro Farmer Daily Advice Monitor
(Farm Journal)

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  • April 2: No updates.
  • April 1: No updates.
  • March 31: Corn producers: Hedge anticipated 2026 production... December corn futures have recently stalled on the daily bar chart. High correlation with crude oil and fund length brings some concerns on selling pressure as the domestic balance sheet remains abundant despite record use. We advise corn hedgers to buy $4.80 December puts on 40% of anticipated 2026 production, bringing total hedges to 50%. Our fill was 32¢ on today’s close. We also advise cash-only marketers to sell another 20% of expected production to get to 30% forward priced. You should have 60% of 2025 production sold.

    Soybean producers: Hedge 2026 production... Option premiums remain light and prices remain elevated as fund length is record long across the soy complex. The risk to the downside is elevated as acres are likely to be switched over from corn. We advise soybean hedgers to take advantage of the rally, buying $11.60 November puts on 40% of expected production, getting to 50% hedged for new-crop. Our fill was 60¢ on today’s close. We advise cash only marketers to sell 20% of anticipated production to get to 30% forward sold. You should have 70% of 2025-crop production sold.

  • March 30: No updates.
  • March 27: No updates.
  • March 26: Livestock producers: Extend feed coverage... We advise livestock producers to cover through April for corn and soymeal needs in the cash market. Corn futures continue to trend higher on the daily bar chart and production concerns for 2026 amid a lack of fertilizer supplies could continue to boost prices. Soymeal prices look to work higher as both domestic and export demand remain robust. You now have full coverage in cash for both through April.

*Note: Check below daily to see if we recommend catch-up sales for individual markets.

Corn

Cash-only marketers2025 crop crop: 60% sold
2026 crop: 30% sold
Hedgers — cash sales2025 crop crop: 60% sold
2026 crop: 10% sold
Hedgers — futures/optionsOn Mar. 31 we advised purchasing $4.80 December puts for 40% of expected production to establish a $4.50 price floor.

Soybeans

Cash-only marketers2025 crop: 70% sold
2026 crop: 30% sold
Hedgers — cash sales
2025 crop: 70% sold
2026 crop: 10% sold
Hedgers — futures/optionsOn Mar. 31 we advised purchasing $11.60 November puts for 40% of expected production to establish an $11.00 price floor.

Wheat

Cash-only marketers2025-crop: 70% sold.
2026-crop: 30% forward sold.
Hedgers — cash sales2025-crop: 70% sold.
2026-crop: 30% forward sold.
Hedgers — futures/optionsnone

Cotton

Cash-only marketers2025 crop: 60% sold
2026 crop: 25% sold
Hedgers — cash sales2025 crop: 60% sold
2026 crop: 25% sold
Hedgers — futures/optionsNo position.

Livestock

Cattle

1st qtr. 20260%
2nd qtr. 20260%
3rd qtr. 20260%
4th qtr. 20260%
Fed cattle producers should continue to carry risk in the cash market.

Hogs

1st qtr. 20260%
2nd qtr. 202650%
3rd qtr. 20260%
4th qtr. 20260%

We advised hedging half of Q2 production on 1/28/26, followed by a recommendation to cover those hedges on 3/24/26.

Feed

Corn
1st qtr. 2026100%
2nd qtr. 202633%
3rd qtr. 20260%
4th qtr. 20260%
You have all corn-for-feed needs covered through March in the cash market. Be prepared to make additional purchases.
Meal
1st qtr. 2026100%
2nd qtr. 202633%
3rd qtr. 20260%
4th qtr. 20260%
You have all meal for feed needs covered through March in the cash market.